Nordea Investment Management AB Grows Position in Mettler-Toledo International, Inc. $MTD

Nordea Investment Management AB grew its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 10.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,680 shares of the medical instruments supplier’s stock after purchasing an additional 13,056 shares during the quarter. Nordea Investment Management AB owned about 0.68% of Mettler-Toledo International worth $167,419,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC lifted its position in shares of Mettler-Toledo International by 91.8% during the second quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock worth $164,775,000 after acquiring an additional 67,149 shares in the last quarter. Stance Capital LLC purchased a new position in shares of Mettler-Toledo International in the second quarter valued at $2,012,000. Sound Income Strategies LLC raised its stake in shares of Mettler-Toledo International by 477.8% during the 2nd quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after purchasing an additional 43 shares during the period. Acadian Asset Management LLC raised its stake in shares of Mettler-Toledo International by 84.9% during the 1st quarter. Acadian Asset Management LLC now owns 2,513 shares of the medical instruments supplier’s stock valued at $2,965,000 after purchasing an additional 1,154 shares during the period. Finally, Focus Partners Wealth lifted its holdings in Mettler-Toledo International by 85.6% during the 1st quarter. Focus Partners Wealth now owns 3,195 shares of the medical instruments supplier’s stock worth $3,774,000 after purchasing an additional 1,474 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. The Goldman Sachs Group started coverage on shares of Mettler-Toledo International in a research report on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price objective for the company. Wall Street Zen cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Sunday. Barclays decreased their target price on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock in a report on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Mettler-Toledo International in a report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $1,441.67.

Insider Buying and Selling

In other Mettler-Toledo International news, Director Elisha W. Finney sold 474 shares of Mettler-Toledo International stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $1,433.57, for a total transaction of $679,512.18. Following the completion of the sale, the director owned 311 shares of the company’s stock, valued at $445,840.27. The trade was a 60.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Gerry Keller sold 236 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $1,418.58, for a total value of $334,784.88. Following the completion of the transaction, the insider owned 159 shares of the company’s stock, valued at $225,554.22. The trade was a 59.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 19,565 shares of company stock valued at $28,683,737 in the last three months. 0.77% of the stock is owned by corporate insiders.

Mettler-Toledo International Trading Down 0.5%

MTD stock opened at $1,484.32 on Wednesday. The company’s 50 day moving average is $1,430.52 and its 200 day moving average is $1,333.44. The stock has a market cap of $30.32 billion, a price-to-earnings ratio of 37.02, a price-to-earnings-growth ratio of 4.44 and a beta of 1.41. Mettler-Toledo International, Inc. has a 1-year low of $946.69 and a 1-year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.62 by $0.53. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $997.36 million. Mettler-Toledo International had a net margin of 21.20% and a negative return on equity of 426.96%. Mettler-Toledo International’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $10.21 earnings per share. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS and its FY 2025 guidance at 42.050-42.250 EPS. As a group, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Mettler-Toledo International Company Profile

Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.